Changes to claiming a tax deduction for personal super contributions

If a member wants to claim a tax deduction for their personal super contributions, you must direct them to complete and lodge a Notice of intent to claim a tax deduction for super contributions or vary a previous notice.

They must:

• use the Deduction for personal super contributions (NAT 71121) form, or
• submit it in the approved form.

The notification will be in the approved form if it is in writing and contains all the necessary information referred to in NAT 71121.

This form replaces section 82AAT (1A) notice that applied up to 30 June 2007 and did not place time limits on the lodgment of the notice.

Your member must:

• show how much they are claiming as a tax deduction, and
• confirm the amount has not been covered by an earlier notice.

You must inform the member in writing you have received their notice and the amount they intend to claim as a deduction.

Important information

A member:

• must lodge their notice or vary their previous notice on whichever of the following occurs first
• before they lodge their income tax return in the year the contributions were made, or
• by the end of the income year following the income year the contributions were made, and
• cannot revoke or withdraw a valid notice of intent but may vary the notice to
• change the amount previously claimed, or
• reduce the amount to nil.

If a deduction they claimed is not allowed, they may vary the notice to reduce their claim by that amount.

A member cannot claim deductions for:

• rolled over super benefits
• a benefit transferred from a foreign super scheme
• a directed termination payment paid by an employer under transitional arrangements, or
• salary sacrifice amounts.

For more information, refer to Claiming deductions for personal super contributions (NAT 71975).